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caller tell why does it cost so much for an inauguration when the debt ceiling is so high? why not take those donations and put it towards the debt? guest: de $100 million or so that will be paid by the federal government, when you see the inauguration on television, you are not seeing a lot of that security. these professionals are prepared for all sorts of things to happen. metro in washington, d.c., will be running at rush-hour levels. all of this infrastructure needs to be constructed. host: a question about the money that people give, when you're asked how they could give money to organizing for action. will they be accepting donations? what will the money be used for? guest: they will take the donations and they said how it will be used to organize grass- roots democratic priorities. gun control is a great example. host: we will talk for a moment as the president's motorcade had for the national sert -- the national cemetery. the motorcade makes its way past the hour camera here. -- passed our camera here. >> you can leave your stuff right here. >> ok, do not worry. h
caller tell why does it cost so much for an inauguration when the debt ceiling is so high? why not take those donations and put it towards the debt? guest: de $100 million or so that will be paid by the federal government, when you see the inauguration on television, you are not seeing a lot of that security. these professionals are prepared for all sorts of things to happen. metro in washington, d.c., will be running at rush-hour levels. all of this infrastructure needs to be constructed....
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limit now let me just give you a little bit of a refresher on the debt ceilings the debt ceiling has actually been raised eleven times since two thousand and one it usually is raised without very much has it taken a problem but we have seen a lot more pushback with the debt ceiling in recent years ever since president obama took office now this. package that the g.o.p. is promising will raise the federal debt limit for just a temporary period for just about three months but there's a stipulation in the simulation is that they want the senate to come upon a budget agreement and a budget agreement hasn't actually been agreed upon for four years so they want the senate and the house to come together to each propose a budget for the upcoming year and then to come up with a compromise with the final proposal now obviously democrats are really pushing back on this issue saying that first of all that three month extension of the debt ceiling is certainly not enough i mean we've already. seen so much happened in this past year really the debt ceiling was supposed to be we were supposed to go
limit now let me just give you a little bit of a refresher on the debt ceilings the debt ceiling has actually been raised eleven times since two thousand and one it usually is raised without very much has it taken a problem but we have seen a lot more pushback with the debt ceiling in recent years ever since president obama took office now this. package that the g.o.p. is promising will raise the federal debt limit for just a temporary period for just about three months but there's a...
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they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid
they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the...
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ceiling and your own debt ceiling and doesn't it suggest we're going into a default situation because no one is talking to each other about this. >> no, major, i think if you look at the history. getting votes for the debt ceiling is difficult and votes in in town are difficult. i went through this last year. what is different we never saw a situation like we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. >> lou dobbs is the host of lou dobbs tonight on the fox business network. lou, welcome back. what an extraordinary exchange we saw the president have on that issue. basically his position was, we're raising the debt ceiling whether congress wants to or not. i'm not negotiating with them on it. i'm not following what speaker boehner said is the boehner rule of for every dollar we increase the debt limit there will be a spending cut and i'm not going to let them put a gun at the heads of american people because in his terms, they refuse to pay the bills that they've agreed to pay and when asked about the
ceiling and your own debt ceiling and doesn't it suggest we're going into a default situation because no one is talking to each other about this. >> no, major, i think if you look at the history. getting votes for the debt ceiling is difficult and votes in in town are difficult. i went through this last year. what is different we never saw a situation like we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting....
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senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to uphold the constitution and leave this country better than how we found we can't keep spending our kids inheritance, can't keep spending their money, we don't have it. >> greta: apparently he has threatened, i think his statement, at least people-- that in the event, congress doesn't authorize to raise that debt ceiling that he will do it unilaterally himself and he thinks he has the authority. do you >> absolutely not. under the 14th amendment of the constitution you can only do this as authorized by law and law is only created through the united states congress. so the president has absolutely no ground
senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to...
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there is a reason that debt ceiling raised with congress. that is a reason they have to start using the president's language and site we have to have a baland approach. if you want the debt ceiling raised come at some point we're going to have to address spending cuts. this is as good a time as any. i don't think they should go all in, draw a line in the sand and shut the government down because the public doesn't know a heck of a lot about this. they could be the recipient of the blame for this. gerri: use a dollar for dollar doesn't work. >> it will not stop the debt from growing as a percent of gdp because the gap is too large. >> i'm not saying it will balance the budget. we have to start the conversation, this is a good place to start making inroads. that is when republicans really have to draw the line in the sand. gerri: you were saying, which i thought was interesting, somewhat at odds with the conservative pundits that has to be some negotiation, give or take on both sides. >> what i said was any increase in taxes on income that wou
there is a reason that debt ceiling raised with congress. that is a reason they have to start using the president's language and site we have to have a baland approach. if you want the debt ceiling raised come at some point we're going to have to address spending cuts. this is as good a time as any. i don't think they should go all in, draw a line in the sand and shut the government down because the public doesn't know a heck of a lot about this. they could be the recipient of the blame for...
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the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any conversations about extending the bush tax cuts, what i said we wouldn't extend bush tax cuts for wealthy and we didn't. we can argue during the campaign that i said, i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is that millionaires, billionaires, are paying significantly more in taxes, just as i said. so from, you know, from the start my concern was making sure that we had a tax code that was fair and that protected the middle class and my biggest priority was making sure middle class tax
the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any...
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regarding the debt ceiling. is that something that republicans are willing to do here, or it must be linked? the two have to go hand in hand? >> reporter: they are insisting, and when i say they, i'm talking about house republicans and the senate republican leader, but they have to go hand in hand. this is something that we heard over and over and over again when we had this debate the last time, back in the summer of 2011. andion that ve ioion you know t suzanne. but the house speaker and his aides are telling us that they really mean it this time. that there has to be a dollar of spending cuts for every dollar that the u.s. agrees to raise the debt limit. and that they would even go for a two or three-month extension as they try to work on a more global discussion of cutting spending. but even if there's an extension, it has to go point by point. the other thing i want to mention, suzanne, which i thought was really interesting, after covering the white house under george bush, that last question about the fac
regarding the debt ceiling. is that something that republicans are willing to do here, or it must be linked? the two have to go hand in hand? >> reporter: they are insisting, and when i say they, i'm talking about house republicans and the senate republican leader, but they have to go hand in hand. this is something that we heard over and over and over again when we had this debate the last time, back in the summer of 2011. andion that ve ioion you know t suzanne. but the house speaker...
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susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups who are saying we shouldn't pick a fight when it comes to the debt ceiling. maybe it's better to pick a fight over shutting the government down rather than risking the default of the government when it comes to raising the debt ceiling. this is a significant development. it shows a lot of people thought we were looking ahead to the debt ceiling and the republicans had a lot more leverage. that can call it into question. >> that are sounds like the president describes. i use the word lurching to the next crisis ahead. it was the fiscal cliff and then it wa
susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups...
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ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with that 2006 vote. there is one very big difference between now and 2006. 2006 there wasn't this kind of big protracted battle over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between
ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with...
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there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host
there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there...
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the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem, but it's not an immediate problem. interest rates remain low. we have a little bit of time. chris: now for some fun. we're all lookin
the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it?...
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be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with it. they are toying with the american economy and they are toying with the global economy. and so i think it's somewhat -- it seems great to talk about doing that. but the closer you get to that cliff, i think the less likely it is that you'll -- [inaudible] >> let me ask one more and go to rick. let me ask about tax reform. you told "politico" last week that a balanced approach to replacing the sequester was spending cut and revenue. should accelerate tax reform. i believe it's fully possible this year if we work on a bipartisan basis. unquote.
be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with...
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congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our bills. congress has two choices here. we can act responsibly and pay america's bills. or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. jenna: republicans like congressman jason chaffetz blasting back against the president. >> i think the president was terribly irresponsible today. to say he will not talk about it because he is above it, but blame all of congress, in part congress helped create this problem but we are going to hear to solve this pr
congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our...
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credit rating and the debate over the debt ceiling. why some think this could mean new hope for a minting a trillion dollar coin we could use to pay our bills. we thought that was settled. maybe not. and this high school principal is in hot water after trying to connect with students with a video that he says was meant to be a parody. we'll push play and you decide. and a reporter yesterday challenged the president about whether he's doing enough to reach out to republicans and trying to negotiate the big deal he says he's looking for. we'll show you his response and look at what that could mean for the gun debate, the debt ceiling and the rest. >> most people who know me know i'm a pretty friendly guy. and i like a good party. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. turn you
credit rating and the debate over the debt ceiling. why some think this could mean new hope for a minting a trillion dollar coin we could use to pay our bills. we thought that was settled. maybe not. and this high school principal is in hot water after trying to connect with students with a video that he says was meant to be a parody. we'll push play and you decide. and a reporter yesterday challenged the president about whether he's doing enough to reach out to republicans and trying to...
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on the debt ceiling. not again. and today after months of insisting that the president really did have to negotiate with them on that, republicans gave up. david corn "showdown," the stand off the president faced with republicans. thanks for being here. >> good to be here, rachel. >> eric cantore said, yeah, we're going to give up, but only for three months. what did you make of that? >> i'm the last guy who wants to cause a spike in the vix, but, you know, there are a couple of things to think about here. i call this plan r for run away. but we know that john boehner often has had trouble with his various plans. plan b most notoriously, getting them approved, accepted and passed by his own house republicans. and cantore made a very declarative statement today. there already immediately were grumblings that some house republicans will go along with this i'm not sure that democrats will, too. it remains to be seen whether, indeed, john boehner and cantore can get passed what they want to do. then again this is just a
on the debt ceiling. not again. and today after months of insisting that the president really did have to negotiate with them on that, republicans gave up. david corn "showdown," the stand off the president faced with republicans. thanks for being here. >> good to be here, rachel. >> eric cantore said, yeah, we're going to give up, but only for three months. what did you make of that? >> i'm the last guy who wants to cause a spike in the vix, but, you know, there are...
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i know that they pushed back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i think it is true that we have a divided government now. it has been a difficult four years, but president obama is a natural conciliate her -- conciliation person, and he will make that a big theme of his second term. i think you will hear some of that tomorrow. >> this is from this morning's "washington post." you can draw an analogy to two former president, franklin roosevelt and dwight eisenhower, finding parallels to what fdr delivered in his second address in 1937, and what eisenhower faced in 1957. >> the roosevelt second inaugural address is interesting to read because it r
i know that they pushed back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i...
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as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legitimate process to take the debt ceiling as the hostage. the appropriate goal, whether the debate should occur. the president gets to talk about the faults. he gets to talk about social security. we should be talking about spending. spending restraints. where is the logical place to do this? the logical place is on the sequestered. that is where the next pressure point should be. we should have the debate over how much spending should be restrained and how it should be restrained. the sequester
as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game...
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trimg the deficit should be separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is a america will pay its bills. we are not a deadbeat nation. >> john boehner said the american people do not support raising the debt ceiling without reducing government spending at the same time. >> listen to this. a medical scare in a buffalo, new york veteran's hospital. many may have been exposed to hiv. the pens are designed to be used by one person, but many of them were used on multiple people. >> surfers, beware. you have to look at this video. it's shocking. >> standing on the shore? >> he has his toes in the water. two sharks were spotted dangerously close to shore in honolulu. this was off of oahu. they are like ten feet offshore. >> i will call him a dingaling if he is in the water. >> he's a hero. >> there is flooding and ice. from the weather center, you said snow is on the way as well? >> that's right. it's coming to you guys. it's coming into a north and west of new york into connecticut as well. that's not today's concern. we have the s
trimg the deficit should be separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is a america will pay its bills. we are not a deadbeat nation. >> john boehner said the american people do not support raising the debt ceiling without reducing government spending at the same time. >> listen to this. a medical scare in a buffalo, new york veteran's hospital. many may have been exposed to hiv. the pens are designed to be used...
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let the debt ceiling battle begin. president obama calling on congress to raise the limit without delay. house speaker boehner says spending cuts must be part of any increase. who will win and how will it impact the already fragile economy? we're looking for answers on that. >>> general motors takes the prize. the cadillac ats wins car of the year at the north american auto show. gm also announcing record chevy sales. plus new plans for its corvette. my favorite car. >>> and gm north america president mark reuss tells us all about it. that is live coming up from detroit. >>> weight watcher's ceo is here too. he was one of the corporate america's loudest voices leading up to the fiscal cliff. now that paychecks are smaller in 2013 how worried is he about the impact on his business? david kir chof here as well it is time for stocks. nicole petallides on the floor of the new york stock exchange. we're basically flat-lining. >> not far off the unchanged line. the trend is slightly higher. that's right, on friday for exampl
let the debt ceiling battle begin. president obama calling on congress to raise the limit without delay. house speaker boehner says spending cuts must be part of any increase. who will win and how will it impact the already fragile economy? we're looking for answers on that. >>> general motors takes the prize. the cadillac ats wins car of the year at the north american auto show. gm also announcing record chevy sales. plus new plans for its corvette. my favorite car. >>> and...
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to reduce the debt ceiling, we talked to businesses outside of new york, if we don't raise the debt ceiling, it's a potential, reality for wrecking -- >> that's the wrong time. >> the debt ceiling is the wrong time to do it. >> saying you can't do it with the debt ceiling, can't do it with the fiscal cliff, can't do it shutting down the government. all i'm talking about, the president of the united states has absolutely no is in no position to talk about who's being reckless with the debt. the real default has come from his lack of leadership on deficits and debts. the federal deficit has been over a trillion dollars all four years he's been president of the united states. he's done absolutely nothing to curb the costs of these programs that will, according to democra democrats -- >> hmm. >> bankrupt us. what has harry reid rand democrats done in the senate? absolutely nothing. how many days since they passed a budget? >> 1,357. >> 1,357 days since democrats have passed a budget in the united states senate. >> let's talk about that lack of leadership so many people have criticized the presi
to reduce the debt ceiling, we talked to businesses outside of new york, if we don't raise the debt ceiling, it's a potential, reality for wrecking -- >> that's the wrong time. >> the debt ceiling is the wrong time to do it. >> saying you can't do it with the debt ceiling, can't do it with the fiscal cliff, can't do it shutting down the government. all i'm talking about, the president of the united states has absolutely no is in no position to talk about who's being reckless...
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debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on the economy. the last time the country reached the debt ceiling, obama was thinking about what will be prioritized next time. >> if congressional republicans refuse to pay america's bills on times, social security checks and veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear material wouldn't get paychecks. investors will ask if united states is america is a in fact a safe bet. >> reporter: they launched a new term by focusing on the issue likely to dominate the second term. >> shep: what are we hearing from republicans on this? >> republicans are looking at a fiscal perfect storm in march, avoid the fiscal
debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on the economy. the last time the country reached the debt ceiling, obama was thinking about what will be prioritized next time. >> if congressional republicans refuse to pay america's bills on times, social...
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Jan 19, 2013
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and the crisis averted in washington over the debt ceiling standoff, at least for now. house republicans expected to vote on wednesday, to raise the debt limit for another three months. the g.o.p. says the move would give both chambers of congress time to pass a federal budget. if one isn't passed they'll try to prevent members of congress from getting paid. i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a private efficacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to pass this to adam. >>
and the crisis averted in washington over the debt ceiling standoff, at least for now. house republicans expected to vote on wednesday, to raise the debt limit for another three months. the g.o.p. says the move would give both chambers of congress time to pass a federal budget. if one isn't passed they'll try to prevent members of congress from getting paid. i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a...
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Jan 14, 2013
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debt ceiling, he's going to make his statement that he's not going to use the debt ceiling as a bargaining chip. but we've got to get to sitting down and working out a deal that's going to really address the nation's problems. we've got to do something about guns. he's got to stake out some territory in which the white house won't retreat from. >> chip, how much is this a sell of the american people? >> well, i mean, i think right now as kind of like the governor said, set the tone. >> forgive me for interrupting but the president is out now in the eastern room. let's take a listen. >> good morning. i thought it might make some sense to take some questions this week as my first term comes to an end. it's been a busy and productive four years, and i expect the same for the next four years. i intend to carry out the agenda that i campaigned on, agenda for new jobs, new opportunity, and new security for the middle class. now, right now our economy is growing and our businesses are creating new jobs. so we are poised for a good year if we make smart decisions and sound investments. and as long
debt ceiling, he's going to make his statement that he's not going to use the debt ceiling as a bargaining chip. but we've got to get to sitting down and working out a deal that's going to really address the nation's problems. we've got to do something about guns. he's got to stake out some territory in which the white house won't retreat from. >> chip, how much is this a sell of the american people? >> well, i mean, i think right now as kind of like the governor said, set the tone....
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Jan 20, 2013
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he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fiscal problems. >> this is a president that is forced to grapple to the tenor of our times with the budget woes, with the economy that can't get over the hump. it's going to consume most of his time, i believe, in the second term. >> what he cannot do, going into this term is go from economic crisis to economic crisis. that's not leadership. what he will have to do is figure out how we address this in a broader policy way. >> health care reform cannot wait, it must not wait and won't wait another year. >> he chose kansas governor kathleen sebelius to get health care legislation done, he largely passed control over to continuing to get -- to congress to get the bill together. it became a messy process, about a 2,000-plus-page bill. >> this notion that this h
he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fiscal problems. >> this is a president that is forced to grapple to the tenor of our times with the budget woes, with the economy that can't get over the hump. it's going to...
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to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like he's still trying hard to take back the right wing media's biggest nut jobs that a smell is jones and a very very ugly and coulter conservative pundit was on fox so-called news last night in an interview with sean hannity coulter talked about her theory behind all the gun violence and i think it was. as you know i just got back from from england which to me they have not bought into this whole diversity enthusiasm on which raises the important point that on the gun crimes we keep hearing how do they are in europe and know they'
to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like...
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Jan 15, 2013
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i think what -- most countries in the world don't have a debt ceiling. when government -- when the congress and their equivalent appropriates the money, the government has the borrowing authority to pay for the imra money they borrow. ben bernanke said yesterday, we have to stop having these dibait overs the debt ceiling, it's a stupid idea. the head of the federal reserve. i think the democrats are frustrated. i think that's why they passed this bill -- >> neil: where was their frustration 7 years ago, when the folk who is were urging this very action today voted against raising the debt ceiling when george bush was president? where was the great constitutional resolve? >> i don't disagree with ow this. there are politics on both sides. i don't think anyone thinks this is going to pass. let's be clear. but there is growing frustration about the way the republicans are using this to go around the normal committee process -- >> neil: what were they doing seven years ago? were they going around the republican president to get their way? >> no. at the end o
i think what -- most countries in the world don't have a debt ceiling. when government -- when the congress and their equivalent appropriates the money, the government has the borrowing authority to pay for the imra money they borrow. ben bernanke said yesterday, we have to stop having these dibait overs the debt ceiling, it's a stupid idea. the head of the federal reserve. i think the democrats are frustrated. i think that's why they passed this bill -- >> neil: where was their...
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Jan 21, 2013
01/13
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you put the debt ceiling off for a few months. now you start discussing those automatic spending cuts known as a still questionnaire. they want to get this on what they call their home turf and basically talk about spending. they want to move the spending cuts conversation up and continued that through the debt ceiling. there are these number of deadlines coming up. by doing this, they move up the spending that conversation. they hope to get the ball rolling there and hope to continue that through the next round of debt ceiling talks. remember, neil, there are two issues that the rating agencies are looking for, they want an orderly increase of the debt ceiling. they say no strings attached. you go further down into those press releases and they are saying, we want a budget deal, this year, 2013. that is something that republicans are looking for and that is something they hope to secure out of all of this. neil: peter barnes, if you are still with me, too, i want to bring you into this. secretary of state hillary clinton with joh
you put the debt ceiling off for a few months. now you start discussing those automatic spending cuts known as a still questionnaire. they want to get this on what they call their home turf and basically talk about spending. they want to move the spending cuts conversation up and continued that through the debt ceiling. there are these number of deadlines coming up. by doing this, they move up the spending that conversation. they hope to get the ball rolling there and hope to continue that...
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Jan 20, 2013
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the republicans blinking and suggesting i want to fight this debt ceiling on this debt ceiling front, which would be good. they are going to keep us going every three months. we never get around to talking about the larger economic question. >> i don't want to have that conversation in the context of the three-month debt ceiling deals. if we are going talk entitlements, is there room to push on the entitlements and suggest a larger social safety net, things like providing opportunities for poor children beginning to close the wealth gap is a priority. >> raise the health care law. i think it's very important to remember that law isn't fully operational, yet. there is -- yes, exactly. there's an enormous amount of work to do. there's a lot of resistance in the states. that's going to be a struggle. >> one piece of that is in 1997 we did a balanced budget deal. one thing that happened when that period of republicans and democrats came together was step back and as part of consolidating the budget, they shift resources. that was the deal. it was a deficit reduction deal. one thing it cre
the republicans blinking and suggesting i want to fight this debt ceiling on this debt ceiling front, which would be good. they are going to keep us going every three months. we never get around to talking about the larger economic question. >> i don't want to have that conversation in the context of the three-month debt ceiling deals. if we are going talk entitlements, is there room to push on the entitlements and suggest a larger social safety net, things like providing opportunities...
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Jan 14, 2013
01/13
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on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy. and you did. so if you say now you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> first of all, julianna, let's take the example this year in the fiscal cliff. i did not say i wouldn't have any conversations at all about extending the bush tax cuts. what i said was we weren't going to extend bush tax cuts for the wealthy. and we didn't. now, you can argue that during the campaign i said -- i set the criteria for wealthy at 250 and we ended up being at 400, but the fact of the matter is, millionaires, billionaires are paying significantly more in taxes, just as i said. so from the start, my concern was making sure that we had a tax code that was fair and that protected the middle class, and my biggest priority was making sure the middle class
on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy. and you did. so if you say now you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> first of all, julianna, let's take the example this year in the fiscal cliff. i did not say i wouldn't have any conversations at...
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Jan 15, 2013
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i will not negotiate over the debt ceiling. congress has to do its job. >> woodruff: when it comes to the republicans jake sherman, you've been talking to some of the folks on the hill. they were digging in their heels just as much as the president was. what was their reaction? >> i think they have... they see this situation as three big issues: the government funding issue. that runs dry at the end of march. the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's wa
i will not negotiate over the debt ceiling. congress has to do its job. >> woodruff: when it comes to the republicans jake sherman, you've been talking to some of the folks on the hill. they were digging in their heels just as much as the president was. what was their reaction? >> i think they have... they see this situation as three big issues: the government funding issue. that runs dry at the end of march. the debt ceiling. and these automatic spending cuts that take hold at the...
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Jan 15, 2013
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and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my cabinet before they rush to judgment. >> stephanie: it reminds me congress woman, we talked about this yesterday -- we are really -- at lease you are -- trying to govern in unprecedented times. we have never seen the hostage with the debt limit, and every nominee that the president puts forward they oppose just because the president is for it. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united st
and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my...
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Jan 16, 2013
01/13
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and let's take it to them on the debt ceiling. that is what we'll do on the debt limit. that is where we'll fight the battle. that is where we're take it to obama, that is where we'll make him pay and get the spending cuts. remember that? that is where we're at. we're now at the debt limit. and guess what? this is not the time to fight this battle. we can't win anything on the debt limit. and when we get to march and the continuing resolution -- you know what, what will be said then? this is not the hilda fight, we don't want to be responsible for people not getting their social security checks. we don't want to be blamed for it. >> joining me now are ryan grim, washington bureau chief for "huffington post," ryan, so really, they on the debt ceiling, if all the democrats voted to raise it they would only need 18 republican votes to raise it. is that the kind of thing we're going to see happen? >> i mean, you're either going to see that or a complete and total cave. but i don't think you will see a complete and total one, because you have the tea party still hanging aroun
and let's take it to them on the debt ceiling. that is what we'll do on the debt limit. that is where we'll fight the battle. that is where we're take it to obama, that is where we'll make him pay and get the spending cuts. remember that? that is where we're at. we're now at the debt limit. and guess what? this is not the time to fight this battle. we can't win anything on the debt limit. and when we get to march and the continuing resolution -- you know what, what will be said then? this is...